Cepsa redesigns its organizational structure

The energy company’s new CEO Maarten Wetselaar has revamped the leadership team with bigger focus on new mobility and clean energies.

Cepsa has redesigned its Management Committee, which has been expanded from 10 to 12 members following the incorporation of Carlos Barrasa, Director of the new Commercial & Clean Energies division; Savvas Manousos, Director of Trading; and Carmen de Pablo, new CFO to replace Salvador Bonacasa, who has retired after four decades with the company.

Maarten Wetselaar, CEO of Cepsa since January 1 of this year, has reorganized the company’s structure by defining two new energy customer-facing business areas, “Mobility & New Commerce” and “Commercial & Clean Energies”. The refining business becomes the “Energy Parks” business, alongside the existing areas of Exploration & Production, Chemicals, and Trading.

The Mobility & New Commerce division will manage the transformation of Cepsa’s mobility business, building leadership in electric mobility and developing digitally enabled New Commerce solutions that leverage its network of customers and stations.

“I am very pleased to welcome talented leaders like Carlos, Carmen and Savvas to Cepsa. They join a new organizational structure that puts the customer at the heart of our decarbonization drive and accelerates our journey to become a leading company of low-carbon energy and sustainable mobility businesses”, Maarten Wetselaar said.

Carlos Barrasa is the new Director of Commercial & Clean Energies. He joins after more than two decades at BP, where most recently he was Executive Chairman in Spain and Vice-President of Integrated Solutions globally.

At the beginning of the year, the company also announced the appointment of Carmen de Pablo as its new Chief Financial Officer (CFO).